Daily Markets - Financial News And Opinions

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My Big Fat Greek Deficit Posted: 06 Mar 2010 06:17 AM PST Wall Street seems obsessed with pigs these days. PIIGS, that is – Portugal, Ireland, Italy, Greece and Spain – the smaller economies in Europe. Many people worry whether these countries can honor their sovereign debt because of high, already-existing debt levels. And the U.S. Senate might even investigate Goldman Sachs (NYSE:GS) for allegedly hiding Greek debt from European regulators… Talk about locking the barn door after the Trojan horse has already bolted. Also foolishly, investors have … [visit site to read more]

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